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ALLEGIUS FEDERAL CREDIT UNION

Sep, 30, 2025 — ALLEGIUS FEDERAL CREDIT UNION is a federal credit union headquartered in BURNS HARBOR, IN with 4 branch locations and about $177.76 million in total assets. Opened 60 years ago in 1966, ALLEGIUS FEDERAL CREDIT UNION has about 11,424 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ALLEGIUS FEDERAL CREDIT UNION
Address:
(Main Office)
244 Allegius Dr
BURNS HARBOR, IN 46304
Phone:(219) 787-8049
Fax:(219) 787-9580
Website:https://www.allegius.org
Branches:4 branch locations
Members:11,424
Credit Union Type:Federal Credit Union
Charter Number:17389
Membership Type:Multiple common bond - other
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jun 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$177,758,096
CEO/Manager:Karin Birchel
Chairperson:Bruce Aubrey

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 12,502,842
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 11,055,916
 Unsecured Loans 20,155,695
 Other Loans 64,103,470
 TOTAL LOANS 95,315,081
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,293,322
 Land And Building 871,515
 Other Fixed Assets 210,873
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,585,474
 All Other Assets 258,557
  TOTAL ASSETS 177,758,096
LIABILITIES & CAPITAL:  
 Dividends Payable 1,000
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,230,069
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 30,281,592
 Regular shares 81,300,856
 All Other Shares & Deposits 45,575,652
  TOTAL SHARES & DEPOSITS 157,158,100
  TOTAL LIABILITIES 158,389,169
 Regular Reserve 0
 Other Reserves -3,512,948
 Undivided Earnings 22,881,875
  TOTAL EQUITY 19,368,927
  TOTAL LIABILITIES, SHARES, & EQUITY 177,758,096
INCOME & EXPENSE  
 Loan Income 4,406,678
 Investment Income 1,594,342
 Other Income 491,739
 Total Employee Compensation & Benefits 2,401,673
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 2,351,478
 Non-operating Income & (Expense) -185,554
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 700,000
 Cost of Funds 430,418
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 367,651
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